With 0.79 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.5 million shares. The 52-week range on ESRT shows that it touched its highest point at $11.62 and its lowest point at $6.56 during that stretch. It currently has a 1-year price target of $9.16. With its current market cap of 1.22 billion, ESRT has annualized dividend of $0.14 while the current yield stands at 1.93%. Beta for the stock currently stands at 1.68.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of ESRT was down-trending over the past week, with a drop of -8.78%, but this was up by 1.96% over a month. Three-month performance dropped to -15.95% while six-month performance fell -32.31%. The stock lost -22.25% in the past year, while it has lost -29.55% so far this year.
Float and Shares Shorts:
At present, 167.09 million ESRT shares are outstanding with a float of 137.17 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for ESRT since 4 analysts follow the stock currently. There are 3 analysts who recommend BUY ratings, while 1 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $0.94 being high and $0.92 being low. For ESRT, this leads to a yearly average estimate of $0.93. Based on analyst estimates, the high estimate for the next quarter is $0 and the low estimate is $0. The average estimate for the next quarter is thus $0.
